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June 09, 2023 | The American Lawyer

Cravath Has Made Sweeping Moves. Is It Enough?

A non-equity tier is a possibility for Cravath, said some industry observers, given what other firms in similar positions have done in recent years.
7 minute read
June 08, 2023 | Delaware Business Court Insider

FTX Liquidators Say US Bankruptcy Court Needs to Work Alongside Bahamas in Weighing Assets

Liquidators said ssues with identifying FTX assets are governed by the laws of the Bahamas, England, and Antigua and Barbuda, and need to be addressed before the company is wound down.
3 minute read
June 08, 2023 | Law.com

Payment Apps, Chat Bots Are Changing Class Action Settlements: The Morning Minute

The news and analysis you need to start your day.
4 minute read
June 06, 2023 | National Law Journal

Crypto Turns to Big Law for Defense Amid SEC Crackdown

Several former SEC government officials are defense counsel for the crypto companies.
5 minute read
June 02, 2023 | Litigation Daily

Litigator of the Week Runners-Up and Shout Outs

A team from Paul, Weiss, Rifkind, Wharton & Garrison convinced the Second Circuit to vacate a $570 million trade secrets damages award against their client, IT services firm Syntel.
6 minute read
May 31, 2023 | The American Lawyer

Former Sullivan & Cromwell Chair Dies at 89

Ricardo A. Mestres Jr. practiced at Sullivan & Cromwell for 62 years, leading the firm from 1995 to 2000.
2 minute read
May 31, 2023 | National Law Journal

How Much Will US-China Geopolitics Threaten Law Firms in Asia?

China's former zero-COVID policy is still having lingering effects on its economy, the country's housing boom is over, its shrinking population is becoming a serious problem, and its prosperous residents have spent the last two years offshoring their wealth to countries like Singapore and the U.K. But it is the decoupling of the world's two largest economies that poses the biggest threat to law firms in Greater China, lawyers say.
7 minute read
May 30, 2023 | The American Lawyer

Deal Watch: Debt Deal Makes 'One Less Straw' for Dealmakers to Contend With

"We are seeing clients working hard to get deals done," said Debevoise's Michael Diz, adding "there are a number of obstacles out there and you never know which one might be the straw that breaks the camel's back."
6 minute read
May 30, 2023 | Delaware Law Weekly

Dispute Over Examiner in FTX Bankruptcy Sent Directly to Third Circuit for Resolution

It's a clash between the FTX companies, which secured a favorable ruling in February when U.S. Bankruptcy Court Judge John T. Dorsey ruled from the bench that the case doesn't require multiple investigations, and the U.S. Trustee's Office, which has consistently said the matter needs an investigator further removed from FTX.
3 minute read
May 24, 2023 | International Edition

Smaller but Mightier: The 2023 Am Law 200 Outperforms Larger Firms

For the Am Law Second Hundred, 2022 was a great year. They are looking to continue that growth, but is their market-leading performance here to stay?
10 minute read

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